Housing costs in Lancaster?
A typical home costs
$117,700, which is 65.2% less expensive than the national average of
$338,100 and 44.6% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Lancaster costs
$720 per month, which is 49.7% cheaper than the national average of
$1,430 and 31.9% cheaper than the state average of
$950.
Can I afford Lancaster?
To live comfortably in Lancaster, Missouri, a minimum annual income of
$22,680 for a family, and
$22,000 for a single person is recommended.
What does A.I. say about Lancaster?
The cost of living in Lancaster, MO is quite reasonable. The median home value is $107,300, which is below the national average. Cost of groceries and healthcare are also below the national average. The cost of transportation is slightly above the national average. However, overall, Lancaster has a very reasonable cost of living that makes it an attractive place to live for those looking for an affordable lifestyle.